Smarkets 2025 Review – Tested by Our Betting Experts

Smarkets’ Welcome Bonus

Smarkets offers a not-so-common but rather attractive welcome offer compared to other betting bonuses. Those who register for the first time on the betting site can benefit from 0% commissions for the first 60 days.

To benefit from the new customer offer at Smarkets, bettors need to register for the first time and make an initial deposit of at least £10. New players need to use the code “COMMFREE”. Keep in mind that only debit cards or Instant Banking will be eligible for the promotion.

Getting Your Smarkets Bonus

Claiming the Smarkets promo for new customers requires following several easy steps. Here is how to benefit from the offer.

Bonus Terms and Conditions

To be eligible for the promotion, customers must create a new account. Once the registration is complete, a minimum deposit of £10 is required to qualify for the offer. What else needs to be done before you can claim the offer is to use the code “COMMFREE” in the dedicated section.

Promotions and Offers for Regular Customers

By the time of writing this Smarkets sports review, we could not find any dedicated promotions for regular customers in the promotions calendar. Instead, the operator relies on various ongoing offerings like attractive football odds. They allow customers to trade and bet on a variety of markets, including the Premier League.

Smarkets: Sports Reviewed

Smarkets is a well-managed online betting site. During our tests, we could find a good range of over 48 different sports to bet on, including football, horse racing, boxing, basketball, tennis, and many more. There are numerous markets for top events like the Premier League.

Football Betting at Smarkets

Just like other reputable football betting sites, at Smarkets, gamblers can benefit from a vast range of markets and bet types. Top events are available, and these include the Premier League, UEFA Super Cup, Italian Serie A, French League 1, and more.

There is an impressive array of markets for the top football events. Most popular ones include same game parlay, winner, both teams to score, over/under goals, handicaps, half-time-full-time, and others. The dedicated markets for some top football events may exceed 100.

Other Sports at Smarkets

Along with football, the Smarkets sports betting site offers other top propositions and options that many prefer. There are over 47 sports available on the list. These include tennis, basketball, American football, baseball, boxing, cricket, volleyball, eSports, greyhound racing, ice hockey, Rugby League, Rugby Union, and others.

Betting Markets

The Smarkets online betting platform offers a wide range of popular betting markets. Almost all types of specific markets are available for different sports leagues. Some of the options for top leagues like the Premier League include over/under, exact score, both teams to score, handicaps, and more.

Other popular sports like tennis also come with convenient markets. The options include winner, total sets, total games, outright winner, and more. Here is a list of some of the most popular markets available for the top-rated sports events.

• Over/Under
• Match Winner
• 1×2
• Handicap
• Same Game Parlay
• Over/Under
• First Half
• Second Half
• Goal Scorer
• Odds/Even

Ante-Post Bets

Smarkets provides a good range of ante-post markets, strongly focusing on horse racing. Punters can place early bets on high-profile events such as the Cheltenham Festival, the Grand National, and the Epsom Derby.

While the coverage is primarily racing-centric, the odds remain competitive thanks to the exchange model, allowing bettors to both back and lay selections for added flexibility.

Bet Builders and Cash Outs

Smarkets offers a Bet Builder feature that allows users to combine multiple selections from the same event into a single bet. This feature is available for sports such as football, American football, basketball, tennis, and more.

Users can include up to 10 selections in a single Bet Builder bet. It’s important to note that all selections must be from the same match.

Smarkets also provides a “Trade Out” feature, which functions similarly to a cash-out option. This feature allows users to lock in a profit or minimise losses before an event concludes. Users can utilise this pre-game and in-play, with the system calculating the trade-out in real time based on live odds.

Betting Odds at Smarkets

Smarkets operates as a peer-to-peer betting exchange, allowing users to back and lay bets directly with each other. This model often results in more favourable odds compared to traditional bookmakers, as prices are determined by market demand rather than a fixed margin.

The platform supports various odds formats, including decimal, fractional, and American. A notable advantage of Smarkets is its low commission rate.

Smarkets’ odds vary by sport and timing – pre-match markets typically offer tighter spreads, while live betting can show greater fluctuations. For example, football odds shift rapidly during the game.

In-Play Betting with Smarkets

The in-play interface is designed for swift navigation, featuring dynamic odds that adjust based on live events, providing bettors with opportunities to capitalise on market movements.

Like the top in-play betting sites, Smarkets’ platform supports live betting on various sports, including football, tennis, cricket, golf, rugby, basketball, motorsports, and volleyball.

Most markets remain open during live play, though the number of markets may be reduced for less prominent events. Bettors can engage with various market types, such as match winner, over/under, handicaps, and correct score.

While Smarkets does not currently offer live streaming services, it compensates with real-time data and graphical representations of ongoing events. These features include live scores, possession statistics, and other useful information.

Payment Methods

The Smarkets online sports betting platform supports a range of popular payment methods that allow transactions in GBP, making it suitable for local bettors. Among the options you can choose for deposits include e-Wallets like PayPal, Neteller, Skrill, and Trustly.

Debit cards like Visa and Mastercard are also supported. Most payment methods are available for withdrawals. The deposit limits range between £10 and £10,000.

With e-Wallets, bettors can benefit from fast transactions. Withdrawal processing times vary between 1 and 2 business days, depending on the chosen payment method. There will be no transaction fees on behalf of the betting site.

• PayPal
• Neteller
• Trustly
• Skrill
• Visa
• Mastercard
• Bank Transfer

We may say that Smarkets offers convenience, speed, and reliability when it comes to deposits and withdrawals. Among the reputable PayPal betting sites, it ranks in the top positions, offering secure transactions with this e-Wallet.

Withdrawing Your Winnings

Most payment methods that are available on the betting site can be used to cash out your winnings. To request a withdrawal, you need to log in to your account and head to the cashier section. There, you need to select the amount you want to withdraw.

Usually, withdrawals with the available e-Wallets take between 24 hours and two business days. There might be additional verification procedures on behalf of the operator due to further safety requirements that may also take up to 24 hours.

Customer Service at Smarkets

Customer service is crucial since it helps players solve potential issues related to their accounts, transactions, or promotions. We tested the support service at the Smarkets online betting site to make a fair evaluation.

Live chat is available, and we contacted a support representative to ask several questions about account verifications and security checks. We were assisted promptly, and the answers we got were helpful.

We also sent an email with some other queries about the services of the betting platform. We received an answer within less than 12 hours, which is relatively fast.

As long as the customer support is concerned, the only area for improvement could be the inclusion of a phone number for direct queries with a support representative. Other than that, we think that the service was helpful, and responses came on time.

User Experience: Website and App

The betting platform is well-managed, and it has a modern-looking design. The navigation is easy since the main tabs and sections are well-organised, allowing you to find what you need quickly. Some other menus and options are located under a settings tab, which might be difficult for some new customers to find and navigate.

All available sports on the platform can be found on the left sidebar. Once you choose a preferred sport, you can find all events and markets at the centre of the screen. On the right side is a section with popular events, giving you convenient access to the markets for some top events.

1/3 The Smarkets website

2/3 In-play betting at Smarkets

3/3 Mobile betting at Smarkets

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The in-play section is also relatively easy to navigate. You must click the “In-play” tab on the left sidebar. Then, at the centre of the screen, you can see the available live events to place wagers on.

We tested the Smarkets sports betting platform on a mobile device. We accessed the website through the browser of an Android and iOS device, and it loaded quickly on both operating systems.

There were hardly any glitches or delays while we were accessing the different directories on the website. We may say that the site is well-optimised for portable devices, making it easy to use on the go.

Mobile Sports Betting with Smarkets

Dedicated Smarkets mobile apps for Android and iOS are also available. We could find them once we searched for apps in the search menu of the Help Centre directory. The app can be easily downloaded directly from the links provided on the website.

We tested the apps on both Android and iOS devices, and we can say that they deliver an excellent user experience since their interface is user-friendly. The apps ran smoothly. We had no complaints while using the applications, which performed as good as the top mobile betting apps on the market.

About Smarkets

Smarkets is a UK-based betting exchange founded in 2008 by Jason Trost and Hunter Morris. The company operates a peer-to-peer platform allowing users to bet directly on various sports and political events.

Headquartered in London, Smarkets also has offices in Los Angeles and Malta. The platform processes billions in traded volume annually, offering users competitive odds and a user-friendly interface.

Smarkets distinguishes itself by offering a transparent and efficient betting exchange platform. The company has received recognition for its innovative approach, including being named in the Startups 100 awards as one of the UK’s most innovative companies.

Security and Privacy

The betting platform of Smarkets is licensed and regulated by the UK Gambling Commission and the Malta Gaming Authority. This indicates that the operator follows strict security standards and player protection policies.

The online sportsbook works with iBAS, which is a market-leading organisation dealing with dispute resolutions. Moreover, Smarkets collaborates with reputable responsible gambling organisations. These include GambleAware and GamStop. All this shows that the operator focuses seriously on player protection measures.

Smarkets Sponsorships

In 2016, Smarkets handled over £3 billion in trades and became the front-of-shirt sponsor for Queens Park Rangers F.C. This helped raise awareness within the sports community. While there may not be many active sponsorships currently, this partnership marked a significant move in aligning Smarkets with established sports brands, further solidifying its position in the competitive betting market.

Conclusion & Summary

Smarkets has established itself as a reputable brand with competitive odds, a transparent betting exchange platform, and a focus on security. With a strong reputation among the best betting sites, it continues to provide a reliable and user-friendly platform.

Here are the notable advantages that help Smarket take a leading position in the sports betting industry.

• Transparent betting exchange platform
• Competitive odds and low fees
• SSL encryption for security
• User-friendly interface
• Great mobile compatibility
• Wide range of sports covered

Smarkets offers a wide range of betting options, markets, and events, and boasts top-notch security. However, there’s room for growth in their marketing and sponsorship efforts. Expanding these areas could help boost their brand visibility and attract a wider audience.

Frequently Asked Questions

If you need more details about the Smarkets online betting site, check the following section. In this Smarkets review, we have answered some popular questions so that you can find even more useful information.

1️⃣ Does Smarkets have a welcome bonus for new customers?

Yes, Smarkets has an attractive and well-thought-out promotion for new customers. Newly registered bettors can benefit from 0% commission for 60 days. To be able to benefit from this offer, customers need to deposit at least £10 and use the code “COMMFREE”.

2️⃣️ Is Smarkets online betting platform legit?

Yes, the online betting site of Smarkets is legitimate and secure. The operator has serious security standards and adheres to strict player protection policies since it is licensed and regulated by the UK Gambling Commission. Moreover, it collaborates with reputable responsible gambling organisations like GambleAware and GamStop.

3️⃣ What are the betting odds at Smarkets?

Those who register on the betting platform will be able to benefit from competitive Smarkets odds. This is because the online bookie operates as a peer-to-peer betting exchange, allowing users to set their own odds. This model often results in better value compared to traditional bookmakers. Additionally, Smarkets charges a low 2% commission on net winnings.

4️⃣ Does Smarkets accept PayPal?

Yes, the Smarkets online sports betting site supports PayPal deposits and withdrawals. Additionally, customers can also benefit from other payment methods. These include e-Wallets like Neteller and Skrill. Debit cards like Mastercard and Visa are also supported. The minimum deposit on the betting site is £10, and the maximum is £10,000 for most payment methods.

5️⃣ Is a bonus code necessary for the Smarkets welcome bonus?

Yes, new bettors who register on the gambling site need to enter the code “COMMFREE” to be able to benefit from the promotion. Once you complete the registration procedures and deposit the minimum amount required, you will be able to use the offer and benefit from the Smarkets BetBuilder and cash-out features.

6️⃣ How long does a payout take at Smarkets?

Most of the available payment methods on the betting site are available for withdrawals, and the Smarkets payouts usually take between 12 hours and two business days. This depends on the particular payment option you choose. Cash-outs with e-Wallets are typically processed faster. Remember that there might be additional 24-hour verification procedures due to safety measures.